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FxWirePro: NZD/USD breaks channel base support, eyes 61.8% Fib at 0.6632

Crypto Technicals: ETH/USD edges higher from session lows at 170.01, holds above 5-DMA

Crypto Technicals: Tezos retraces slightly from 6-month highs at 1.4306, shows signs of exhaustion above 61.8% Fib

FxWirePro: USD/JPY struggles at 112 handle, focus on U.S. Retail Sales and Initial Jobless Claims data for further direction

FxWirePro: USD/ZAR hovers around 14.00 mark, further sideways movement likely

FxWirePro: EUR/CAD Trade Idea

FxWirePro: Silver enjoys roller coaster movement, consistent close above $14.98 requires for upside rally

FxWirePro: EUR/JPY holds 21-EMA support, good to go short on break below

Gold negative momentum continues, any break below $1272 targets $1261

Crypto Technicals: NEO/USD holds 200-DMA support, eyes trendline resistance at 12.15

FxWirePro: USD/INR trades in narrow range, stay bearish only below 69.38 mark

FxWirePro: EUR/USD bulls to shrug-off gravestone doji and shooting star, major downtrend intact – Activate directional hedges

FxWirePro: Singapore dollar trades marginally lowerin early Asia, upside limited

Crypto Technicals: BTG/USD edges lower from weekly highs at 18.88, bias higher

FxWirePro: AUD/NZD bulls relentless, hits 5-month highs at 1.0729, 200-DMA breakout to fuel further gains

FxWirePro: EUR/KRW fails to fall below 1,275 mark, intraday bias remains slightly bullish

FxWirePro: EUR/NZD hovers at cloud top, breakout eyes 200-DMA at 1.70

FxWirePro: EUR/USD Daily Outlook

Monday, January 14, 2019 10:42 AM UTC
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EURUSD pares most of its gains made on Friday after weaker than expected China trade figures. The pair hits high of 1.15697 and started to decline from that level.  Chinese exports and imports have declined unexpectedly in month Dec. Exports and Imports have fallen 4.4% and 7.6% from a year earlier. This has increased demand for safe haven assets like US dollar. EUR/USD hits low of 1.14507 and is currently trading around 1.14587.

 

On the lower side the pair is trading slightly below 100-day MA at 1.1475-78. Any daily close  below confirms further weakness and a dip till 1.1435 (38.2% fib)/1.1418 (55- day EMA)/1.13505. The pair should break below 1.1300 for further weakness.

 

The near term major resistance is around 1.15900 (61.8% fib) and any break above targets 1.1620/1.1635 (200- day MA). Any close above 1.16350 confirms further bullishness and a jump till 1.1700/1.1733/1.18150. The near term resistance is around 1.1500.

 

It is good to buy on dips around 1.1400 with SL around 1.1350 for the TP of 1.17330/1.1815.

 

 

 

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Economics Monitor

April 19 12:30 UTC Released

USHouse Starts MM: Change

Actual

-0.3 %

Forecast

Previous

-8.7 %

April 19 12:30 UTC Released

USHousing Starts Number MM

Actual

1.139 Mln

Forecast

1.23 Mln

Previous

1.162 Mln

January 31 00:00 UTC 642378642378m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 642378642378m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 654198654198m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 642378642378m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 22 19:00 UTC 654198654198m

ARTrade Balance

Actual

Forecast

Previous

-1541 %

January 31 00:00 UTC 642378642378m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 642378642378m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

January 31 00:00 UTC 642378642378m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Previous

Bln AR bln ARS

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